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Top 10 investment stories of 2023

A story on how the federal government is considering ending Canada’s ’30 per cent rule’ was the most-read investment story on BenefitsCanada.com this year. Here are…

Ontario Teachers’ selling stake in Irish national lottery operator, Caisse repurchasing shares in Couche-Tard

The Ontario Teachers’ Pension Plan is entering into a definitive agreement to sell its majority shareholding in Ireland’s national lottery operator. The pension fund is selling…

  • By: Staff
  • August 3, 2023 August 2, 2023
  • 10:00

Navacord, Belay Advisory partnering to expand national presence

Navacord Corp. is partnering with Belay Advisory, an Edmonton- and Calgary-based benefits consulting and wealth advisory firm. “We were drawn to Navacord because of their…

  • By: Staff
  • July 14, 2023 July 14, 2023
  • 13:36

Oxford Properties acquiring Banff hotel; OMERS, CPPIB funding Indian infrastructure acquisitions

The Ontario Municipal Employees’ Retirement System’s real estate arm is jointly acquiring a hotel in Banff National Park, Alta., alongside Accor, a French hospitality business.…

  • By: Staff
  • June 20, 2023 June 20, 2023
  • 12:30

University Pension Plan’s assets declined 9.1% in 2022, led by public equities

The University Pension Plan posted 9.1 per cent losses in 2022, according to its annual report. During the year, the jointly sponsored defined benefit pension…

  • By: Staff
  • June 13, 2023 June 13, 2023
  • 09:00

PSP Investments returns 4.4% led by infrastructure investments

The Public Sector Pension Investment Board is reporting a net return of 4.4 per cent for fiscal 2023. As of March 31, 2023, the investment…

  • By: Staff
  • June 8, 2023 June 8, 2023
  • 12:30

2023 GIC coverage: Saving the global economy from conventional thinking

If Irish economist David McWilliams is to be believed, overconfident fools are tampering with the global economy. “If I were an American, Canadian or —…

Mina Krishnan

2023 GIC coverage: The good, the bad and the ugly sides of regime shifts

“Let me start by pointing out the obvious: the last few years have been exhausting,” said Mina Krishnan, multi-asset portfolio manager at Schroders, during a…

CPPIB’s annual report greenwashing investment strategies, says watchdog

The Canada Pension Plan Investment Board’s latest annual report greenwashes its investment strategies, according to Shift Action for Pension Wealth and Planet Health. “[A close…

  • June 1, 2023 May 31, 2023
  • 12:30
ESG influencing company strategy, increasing oil market vulnerability: reports

AIMCo acquiring stake in Calgary-based geothermal energy subsidiary

The Alberta Investment Management Corp. will receive a majority stake in a wholly owned subsidiary of an oil and gas development and production company in…

  • By: Staff
  • May 23, 2023 May 23, 2023
  • 12:30

IMCO investing in digital infrastructure fund; Caisse, Ontario Teachers’ co-owned insurer acquiring Chilean annuity portfolio

The Investment Management Corp. of Ontario is entering into a new fund that owns a British fibre optic business. The fund was launched as part…

  • By: Staff
  • May 11, 2023 May 11, 2023
  • 12:30

Imperial Oil shareholders reject ESG proposals from Bâtirente, BCI

Imperial Oil Ltd. shareholders have voted against environmental, social and governance-related proposals backed by the Bâtirente and the British Columbia Investment Management Corp. during the…

  • By: Staff
  • May 9, 2023 May 10, 2023
  • 12:30

Survey finds half of U.S. workers want an employer-sponsored retirement plan that offers emergency savings features

More than half (54 per cent) of employees without a workplace retirement savings plan — including 77 per cent of millennials — say they’d participate in…

  • By: Staff
  • April 24, 2023 April 21, 2023
  • 09:00